Skip to main content

CompuGroup Medical acquires French firm Epsilog

German ehealth software firm CompuGroup Medical SE has acquired French primary care records specialist Epsilog for EUR 72 million. The acquisition expands CGM’s position in France and boosts its presence in the primary care software market.

Epsilog markets its range of Vega ambulatory primary care records systems, which are aimed principally at independent community healthcare practitioners such as private nurses, physiotherapists, speech and language therapists, and orthoptists.

Vega software is designed for use on tablets, smartphones and laptops, and incorporates software to integrate Vitale smart card readers, allowing invoicing and settlement of care covered by the French national health insurance system.

The acquisition of Epsilog supports CGM’s push into primary care health apps and primary care telemedicine. In early 2019, CGM launched its Clickdoc platform and health apps. Clickdoc allows patients to use their phones to search for primary care doctors and other health professionals, make bookings, and have teleconsultations instead of having to attend a practice office.

CGM has acquired 100 percent of the shareholdings of Epsilog from Hevanance and Goodwill Systems. In 2018, Epsilog posted earnings before interest, tax and depreciation (Ebitda) of around EUR 5 million.

Headquartered in Koblenz, Germany, CGM operates in 19 countries, with a strong presence in Austria, Italy, Spain, Sweden, Czech Republic, and France. The company generated revenues of EUR 717 in 2018.

References:

Comments

Popular posts from this blog

Austria develops Smart Covid-19 Test

Austrian low power sensor firm ams AG has received funding from two Austrian Government ministries to develop a smart device to provide accurate testing for Covid-19. The hand held device is directly connected to a "medical data cloud", does not require a laboratory, and can deliver accurate test results within 15 minutes. The two Austrian Government departments funding the new device are the Federal Ministry of Climate Action, Environment, Energy, Mobility, Innovation and Technology (BMK), and the Federal Ministry for Digital and Economic Affairs (BMDW). ams has used the funds to develop a connected, smart version of a lateral flow test (LFT) device. Lateral flow tests are a standard approach for rapid point of care (PoC) testing. LFTs, which are usually analogue devices, are typically intuitive and easy to use, and are subject to strict regulatory requirements. A pregnancy strip test is a typical example of an analogue LFT device. The challenge for ams was threefold: to cre...

Spain plans big boost in digital health spending

Spain is planning a big boost to spending on healthcare and digital health in next year’s budget. Public procurement also looks set to become more open and competitive. With Spain still recovering from the effects of the Coronavirus, and with subsequent waves of infection preoccupying policy makers and the healthcare establishment, the Government plans big increases in spending across the board on healthcare in the 2021 state budget. The country’s Ministry of Finance has published a note in the Official State Gazette (Boletín Oficial del Estado) that lays out the Government’s plans to increase spending and expand healthcare and digital health. These include strengthening “capacity to respond to emergencies” and “investments in science, research and innovation”. Digital healthcare is seen as critical to improving Spain’s response to future waves of the pandemic. The budget will make funds available for “improving the digitisation of health services”. The digital healthcare infrastr...